Quote from @Bruce Woodruff: I would have handled it pretty much exactly as you did, Chris.

My approach was to partner with a GC, so he handles the rehab estimates with his years of experience.Another option is to read J Scott’s book on estimating rehab costs.I've heard a lot about this book.

Does tenant need to handle the small amount of landscaping outside of parking lot, for instance?  

Having your calendar sync up between all is where a PMS comes in beautifully and OwnerRez is sou-to-nuts that best one out there.We went from one property to three within two years and the platform handles things wonderfully.The UI/UX utterly blows but the functionality is second to none. 

While trades are done relatively quickly today, and therefor the average transaction fee hovers around $2 per exchange, a few months back when bitcoin was all the rage there were too many trades for the system to handle which pushed the average transaction cost close to $40 per trade. 

Discuss with your CPA how to handle the 800 CA fee for each LLC you create.This post does not create a CPA-Client relationship.

Also, my kids don't want to manage the rentals that I have now, but they could handle the Florida condo hotels.Thanks for your replys.

They will also be able to handle any closings/title work.

I can be relatively sophisticated in Excel to handle something like this.I'm sure there's a million posts about this but would be happy to hear your POV on vrbo vs airbnb. 

You can use petscreening.com to handle this task for you and ensure you are compliant, but I still recommend you really understand the law so you can answer questions or assist with requests.